AMERICAS FRIDAYS

GEOPOLITICAL RISK+GLOBAL MARKETS

US-AMERICAS | GEOPOLITICAL RISK

TARIFFS WATCH = 12:01 AM EASTERN DAYLIGHT TIME ON AUGUST 23, 2018 Section 301 Trade Remedies to be Assessed on Certain Products from China Update:  Additional List of Products Subject to Section 301 Remedy -US Customs and Border Protection

U.S.-China trade talks end with no breakthrough as tariffs kick in -Reuters

Commerce chief: Timetable on Trump auto tariffs likely to be delayed President Trump's push to impose tariffs on imported foreign cars is expected to be delayed past this month, Commerce Secretary Wilbur Ross said in an interview published Tuesday. -The Hill

PODCAST OF THE WEEK The Trade Guys welcome another special guest, Cody Lusk, who is the president and CEO of the American International Automobile Dealers Association (AIADA). Lusk joins the Trade Guys in the studio right after the Trump administration announced that it would delay its decision on levying tariffs on auto imports. -CSIS

The U.S. Can’t Bring Russia ‘to Its Knees’ At least not without setting off a global energy and financial crisis. -Bloomberg

Trump’s Pivot to Eurasia If Obama pivoted to Asia, then Trump has pivoted to Eurasia. American decision makers seem increasingly aware that the new center of gravity in world politics is not the Pacific and not the Atlantic, but the Old World between the two. -The American Interest

White House Signals Firmer Pushback Against China Over Taiwan

“The El Salvadoran government’s receptiveness to China’s apparent interference in the domestic politics of a Western Hemisphere country is of grave concern to the United States, and will result in a reevaluation of our relationship with El Salvador,”

Former Argentine President’s Homes Searched in Corruption Inquiry Investigators on Thursday raided homes owned by former President Cristina Fernández de Kirchner of Argentina, a significant development in a corruption investigation that officials are calling the most consequential in the country’s history. -NYT

US-AMERICAS | MARKETS IMPACT+OPPORTUNITY

GLOBAL BUSINESS

U.S. CEOs warn of harm from Trump administration's immigration policy A group of chief executive officers at the largest U.S. companies expressed serious concern about the Trump administration’s immigration policy and said the rules increase uncertainty and undermine economic growth. -Reuters

House GOP sets deadline for Twitter CEO to decide to testify: report -The Hill

Ten big Silicon Valley money players behind this November’s U.S. midterm elections A cheat sheet to the gusher of cash flooding the system in advance of Election Day. -Tech Crunch

In Facebook We Trust? There are those who believe we are better off letting high tech executives like Mark Zuckerberg make critical decisions about our democracy. I, for one, am skeptical. -The American Interest

Regretting the Gig Economy Anecdotal to be sure, but my Uber receipt is a who’s who of American citizens taking destiny in their own hands, making money on their terms, and gratefully doing it. -The American Spectator

Microsoft faces U.S. bribery probe over sales in Hungary: WSJ Microsoft Corp (MSFT.O) is being investigated by U.S. authorities over potential bribery and corruption related to software sales in Hungary, the Wall Street Journal reported on Thursday, citing people familiar with the matter. -Reuters

Google deletes accounts tied to Iranian influence operation -The Hill

Trump’s Tariffs Are Paying Off for Century Aluminum -NYT

GLOBAL MACRO

Fed policymakers see rate hikes, blurring dove-hawk divide Increasing consensus at the Federal Reserve on the need to continue raising U.S. interest rates was on display at the start of a global central bankers meeting here, as the longstanding distinction between so-called policy hawks, centrists and doves blurs in the face of falling unemployment. -Reuters

Currency That Matters Most Is Still the U.S. Dollar Turkey’s economic crisis is the same as the rest of the emerging markets’: U.S. interest rates rise and lure away investment. -Bloomberg

Venezuela’s New Currency Sows Confusion and Shutters Stores -NYT

The Trump administration’s latest plan to prop up coal The EPA is dedicated to unpicking Obama-era policies, even those that are not in force -The Economist